Question: Fill in each blank space with the missing answer Your agency, Entry Real Estate, sold Guiseppe Butler's property at 143 Violet Place, Jacksonville for $800,000

Fill in each blank space with the missing answer

Your agency, Entry Real Estate, sold Guiseppe Butler's property at 143 Violet Place, Jacksonville for $800,000 to Sue Smith on the 1st November 2022.

There was the usual, initial cash deposit of 0.25% on exchange of contracts.

Four days later Sue paid the remaining balance of the 10% via bank transfer.

Settlement funds were disbursed on the 8th December 2022 along with the agents 2% commission.

Complete the following ledger with the correct information (ensure monetary values are written as follows: $0,000.00 )Fill in each blank space with the missing answer Your agency, Entry

CPPREP4005 Prepare to work with real estate trust accounts - SA Item 20 of 20 Fill in each blank space with the missing answer Your agency, Entry Real Estate, sold Guiseppe Butler's property at 143 Violet Place, Jacksonville for $800,000 to Sue Smith on the 1st November 2022. There was the usual, initial cash deposit of 0.25% on exchange of contracts. Four days later Sue paid the remaining balance of the 10% via bank transfer. Settlement funds were disbursed on the 8th December 2022 along with the agents 2% commission. Complete the following ledger with the correct information (ensure monetary values are written as follows: $0,000.00)

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To fill in the ledger we need to make several calculations 1 Initial Cash Deposit 025 Sale Price 800... View full answer

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